One of the most popular stockpiles of video games is set to report next week.
Activision Blizzard, which is due to report on Tuesday, is up 39% this year. For comparison, the S&P 500 rose by only 1%.
Todd Gordon, managing director of Ascent Wealth Partners, sees that the tails of the winds should boost even more.
“Video games are increasingly attracting old demographics. We are slowly restarting film production in Hollywood; content creators like Netflix are penetrating their pit, and video game companies will see increased demand if Hollywood products continue to be stifled,”; Gordon told CN. Trade Nation “on Thursday.
Activision releases popular franchises, including Call of Duty, World of Warcraft and Overwatch.
“When we look at the graph here, I like the level of resistance we look at here, for about $ 85 … We really like this trend that leads to such earnings, especially in a new home,” “Work from home,” he said. Gordon.
“If you want to own stocks, of course, it seems like a good idea to make money. If you want to play the options game, here’s something I came up with for you – go out in September, buy 82.5 calls, sell 87 , 5 calls, “Gordon said.
Gordon, who explains that “the maximum risk is $ 190, could potentially be $ 90, which expires on September 18,” Gordon said. [to] to earn 310 dollars ”.
Activision closed at $ 82.63 on Friday.
Disclosure: Ascent Wealth Partners is hosted by Activision Blizzard.